The un-hackable $14,000 smartphone: Sirin Labs Solarin
Bitcoin (BTC/USD) Price Prediction via Technical Analysis for 28 August 2018
Bitcoin (BTC/USD) Price Prediction via Technical Analysis for 27 August 2018
Correlation between Bitcoin and Emerging Markets to Help BTC Reach $25,000: Fundstrat's Tom Lee
Bitcoin (BTC/USD) Price Prediction via Technical Analysis for 24 August 2018
Ethereum (ETH/USD) Price Prediction via Technical Analysis for 28 August 2018
Ethereum (ETH/USD) Price Prediction via Technical Analysis for 22 August 2018
Ethereum (ETH/USD) Price Prediction via Technical Analysis for 21 August 2018
Ethereum (ETH/USD) Price Prediction via Technical Analysis for 17 August 2018
NEO (NEO/USD) Price Prediction via Technical Analysis for 28 August 2018
Cardano (ADA/USD) Price Prediction via Technical Analysis for 27 August 2018
Ripple (XRP/USD) Price Prediction via Technical Analysis for 25 August 2018
EOS (EOS/USD) Price Prediction via Technical Analysis for 24 August 2018
Over $8 Billion Raised in ICOs in Second Quarter of 2018
Sunken Treasure ICO Officially Declared $53 Million Fraud: Interpol Help Seeked
John McAfee Launches Crypto Market Price Tracker and ICO Development Website
Samsung SDS Completes the Development of 'BankSign' for Korea Federation of Banks
Singapore Exchange and Country's Central Bank Turn to Blockchain for Settlement of Tokenised Assets Sirin Labs Price Prediction
Bank of America Files a Cryptocurrency Storage Patent
Govt. of Canada Expands Ethereum Technology Use with 'Catena' Solution
IOTA (mIOTA/USD) Price Prediction via Technical Analysis: Bears are in total control for now, Bulls be cautious, 7 August 2018
for a couple of months now. And recent news that
to build blockchain smartphone on IOTA's technology caused more than
As shown in the chart below, IOTA has been trading inside a downtrend range for 20 days and has again started testing it's lower trend line. Continuously trading inside the downtrend shows that bears are in complete control right now.
IOTA is also trading below its 50 days Moving Average and 20 days Moving Average.
As below chart shows, IOTA has broken the Descending Triangle after the news of Sirin Labs. Bears have been able to cut the Descending Triangle with a
. This breakdown means that IOTA can be headed lower.
IOTA downward momentum is getting strong with the breakdown of the Descending Triangle Pattern. It can head lower to levels of 0.45 in coming weeks. Bulls should be careful before initiating fresh long positions as long as IOTA trades below strong resistance at 1.25. Trades can go long once IOTA is above 1.25 and sustains there, with the first target of 1.55 and a second target of 1.9, with StopLoss at 0.95. Risk reward for the trades will be 1:1 and 1:2.
Views and opinions expressed are those of the author and aren’t investment advice. Trading of any form involves risk and so do your due diligence before making a trading decision.
Hardik is a computer geek and computer engineer by profession. He has a keen interest in everything related to technologies. Cryptocurrency happens to be his latest fantasy. Hardik follows blockchain and cryptocurrency advancement closely and applies his knowledge to the development of the tools and calculators for CryptoGround.
Bitcoin (BTC/USD) Price Prediction via Technical Analysis for 28 August 2018
Ripple (XRP/USD) Price Prediction via Technical Analysis for 28 August 2018
Ethereum (ETH/USD) Price Prediction via Technical Analysis for 28 August 2018
NEO (NEO/USD) Price Prediction via Technical Analysis for 28 August 2018
Samsung SDS Completes the Development of 'BankSign' for Korea Federation of Banks
Huobi Reportedly Acquires 73.73% Stake in Pantronics Holdings Ltd. For $77 Million
Sirin Labs Price Prediction
Fear of missing out? Come on,those were the old days.
Here’s the Cryptocurrency guide foryou to get started!
Beginners Guide to Binance Cryptocurrency Exchange - From Opening & Securing the Account to Trading
Central Bank of Russia Suggests an Ethereum Based Blockchain As a Sing...
NEO (NEO/USD) Price Prediction via Technical Analysis for 17 August 20...
Fake News Busted: Binance Will Not Be Adding USD Trading Pairs
Ethereum Scores Higher than Bitcoin in Weiss Rating Report
Join our mailing list to get regular Blockchain and Cryptocurrency updates.
0 Reviews:
Post Your Review